NOT LISTED FOR SALE

Estimated Value: $854,185 - $944,000

3 Beds
2 Baths
2,400 Sq Ft
$376/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $620,500 $259 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,571/month

1 Day on Market

Highlights

  • Views of a Sound
  • Deck
  • Patio
  • Lowell Elementary School Rated A-
  • Wood Flooring
  • Property is in very good condition

About This Home

As of March 2018

Duplex in North Tacoma W/Views of the Sound and mountains! Views from all levels including unfinished attic. Vintage built-ins, large 2-car detached garage (726 SF could be rented). Granite counter-tops, hardwood floors, new paint, new appliances, newer roof and gas furnaces in both units, new plumbing,new separate wiring/electric panel. Could be owner occupied or investor property! Main Floor- 2 bedrooms, 1 bath, dining room, living room, laundry room. 2nd floor- 1 bedroom, 1 bathroom and more!

Last Buyer's Agent

Trevor Kovich

NWC-KV LLC License #113290

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1244987

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,740

Year Built

  • Built in 1900

Lot Details

  • 4,875 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Property Views

  • Views of a Sound
  • Bay
  • Mountain
  • Territorial

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • New Tacoma Condos
  • North Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2041200040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,740

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1900
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: New Tacoma
  • New Construction: No
  • CalculatedSquareFootage: 2400
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 347

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Sound, Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Post & Beam

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 2100

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2041200040
  • Lot Size Acres: 0.1119
  • Lot Size: 4792
  • Lot Size Sq Ft: 4875
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,Patio
  • MLSLotSizeSource: tax records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 3500

Multi Family

  • Gross Scheduled Income: 42000
  • Net Operating Income: 33200
  • Number Of Units Total: 2
  • Insurance Expense: 1474
  • Leasable Area: 2144
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
Mar 28, 2018
Sold by
Deters John M
Bought by
Wilton Road Llc
Buyer's Agent
Trevor Kovich
NWC-KV LLC
List Price
$650,000
Sold Price
$620,500
Premium/Discount to List
-$29,500
-4.54%
Current Estimated Value
$902,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,296
Avg. Annual Appreciation
5.15%
Original Mortgage
$300,000
Outstanding Balance
$258,745
Interest Rate
4.38%
Mortgage Type
Seller Take Back
Estimated Equity
$640,360
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wilton Road Llc $620,219 Cw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilton Road Llc $300,000
Previous Owner Deters John M $185,000
Previous Owner Deters John M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $620,500 -4.5% $259 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $650,000 -- $271 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,820 $776,100 $425,100 $351,000
2024 $7,820 $767,100 $399,000 $368,100
2023 $7,820 $703,000 $355,700 $347,300
2022 $7,300 $754,800 $438,100 $316,700
2021 $6,978 $555,700 $290,200 $265,500
2019 $5,809 $501,700 $240,900 $260,800
2018 $5,970 $447,300 $213,600 $233,700
2017 $4,740 $378,200 $183,800 $194,400
2016 $4,492 $273,000 $126,700 $146,300
2014 $3,968 $258,500 $118,600 $139,900
2013 $3,968 $242,400 $100,000 $142,400
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1244987

Northwest Multiple Listing Service (NWMLS)

APN: 204120-0040